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Compute Altoona Company's ( a ) inventory turnover ratio and ( b ) number of days' sales in inventory ratio, using the following information. Cost

Compute Altoona Company's
(a) inventory turnover ratio and
(b) number of days' sales in inventory ratio, using the following information.
Cost of Goods sold. $722,000
Begin inventory. ,53,000
End inventory. ,67,000
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